PJSC “European Insurance Alliance” (EIA Kiev) has renewed the obligatory reinsurance programme for 2026, is reported in the information of the insurer. Hannover Rück SE (Germany) – one of the world’s leading reinsurers with international financial strength rating A+ (Superior), assigned by rating agency AM Best, traditionally acts as the main reinsurer in all lines of business.
In addition, it is noted that the combined obligatory reinsurance treaty is concluded on the basis of risk excedent of loss. The reinsurance coverage extends to all losses under insurance and facultative reinsurance contracts for property, engineering risks, cargo risks, liability risks and hull insurance, including but not limited to commercial and personal property insured under the general terms and conditions of insurance products and original insurance contracts.
“European Insurance Alliance also notes that throughout its operations it has developed and maintained strategic partnerships with the world’s leading reinsurance companies, in particular the co-operation with Hannover Rück SE has been ongoing for over 14 years.
“The renewal of the obligatory programme for 2026 is an important step to further strengthen financial stability, expand insurance coverage options and provide additional guarantees for our clients and partners,” said Marina Voronyanskaya, Chairman of the Management Board of the company.
PJSC “European Insurance Alliance” has been operating in the insurance market of Ukraine since 1994, is a member of the Motor (Transport) Insurance Bureau of Ukraine, the League of Insurance Organisations of Ukraine and the Nuclear Insurance Pool of Ukraine.
The company has a licence from the NBU to provide insurance services in 16 classes, in particular, property insurance, car insurance, liability insurance, health insurance and the like.